Search results for "Great depression"

Harvard meets the crisis: U.S. fiscal policy in the 1930s and the political economy of Lauchlin B. Currie, Jacob Viner, John H. Williams and Harry D.…

2010

The paper aims to describe the contribution of four Harvard economists to the interpretation of the Great Depression and the policy decision making from 1933 to 1938. Lauchlin B. Currie, Jacob Viner, John H. Williams, Harry D. White, eminent scholars in the field of monetary and international economics, were deeply involved in policy decisions during the New Deal. In our synoptic analysis we will benefit from extensive scholarly work that has been provided in the last few years. We shall examine the extensive biographical connection between Currie, Viner, White and Williams with special regard to their common training at Harvard. Then we shall compare their interpretations of the causes of …

Between Harvard and Chicago: Jacob Viner and New Deal Banking Reforms (1933-1935)

2007

The global economic crisis as a critical Juncture? The crisis's impact on migration movements and policies in Europe and the US

2016

The current global economic crisis has resulted in the strongest recession in the Organisation for Economic Cooperation and Development (OECD) countries since the Great Depression in the early 1930s and the 1970s oil shocks. This special issue sets out to explore how the most recent economic crisis impacted immigration and immigration-related policy in the United States of America and in European countries that are part of the OECD. The crisis of the late 2000s was offset by the collapse of the subprime US housing market, destabilising the financial system and leading to a sovereign debt crisis. The shock was marked by a “sudden […] deterioration of most, or all, key macroeconomic indicator…

A Historical Analysis of Media Practices and Technologies in Protest Movements : A Review of Crisis and Critique by Anne Kaun

2017

Dr. Anne Kaun’s book, <em>Crisis and Critique: A Brief History of Media Participation in Times of Crisis</em> (London: Zed Books, 2016, 131 pp., ISBN: 978-1-78360-736-5), is a concise but comprehensive analysis of the changing media practices and technologies in protest movements. The book overviews the topic within the context of major economic crises and scrutinises three richly detailed case studies in the United States: (a) the unemployed workers’ movement during the Great Depression in the 1930s, (b) the tenants’ rent strike movement of the early 1970s, and (c) the Occupy Wall Street movement following the Great Recession of 2008. Kaun begins her book with an introduction t…

Finland’s great depression of the 1990s: Lessons about financial reform based on econometric macro evidence

2020

The paper re‐examines the Finnish Great Depression of the 1990s, based on an open macro model, with specific dummy variables to identify the initial effects of liberalized financial markets and capital mobility, and of the Russian trade collapse. It is shown that the explosive credit expansion resulting from the simultaneous liberalization of the financial markets and international capital movements in 1986 has played the most important role in explaining the uncontrolled growth and the subsequent depression in 1989 in real economic activity in Finland. Their effects were strengthened by a vicious circle between the financial and asset markets. The Russian trade collapse in 1991 had a small…